Mario Mosböck Partners With CoinPoker to Build the Best Online Poker Site, Showcasing PoR on the Blockchain
Willemstad, Curacao, 12th August 2024, Chainwire
IRS Unveils an Updated Crypto Tax Form
The US IRS has recently released an updated version of Form 1099-DA, which will be used by brokers to report digital asset transactions to their customers starting in 2025.
SEC Delays its Decision on Hashdex’s Bitcoin and Ether ETF
The US Securities and Exchange Commission has postponed its decision on whether to approve or reject Hashdex’s application for an exchange-traded fund that would directly hold Bitcoin and Ether.
Celsius Sues Tether
In recent weeks, bankrupt crypto lending company Celsius has launched several legal actions in an effort to recover billions of dollars for its creditors from various crypto firms, including Tether.
Inflows into US Spot Bitcoin ETFs Reach $192M
On Thursday, there were positive flows of $192.56 million from spot Bitcoin exchange-traded funds in the US.
USDT Issuer Tether Will Double its Workforce Next Year
According to Tether CEO Paolo Ardoino, the stablecoin company is planning to increase its workforce to around 200 employees by mid-2025.
Russia Legalizes Crypto Mining
Russian President Vladimir Putin has signed a new law aimed at reducing the country’s dependence on the United States dollar in international trade.
Valhalla is entering a partnership with Sunderland AFC for the full 2024-2025 season
Miami, Florida, 9th August 2024, Chainwire
Court Pospones Do Kwon’s Extradition Again
Do Kwon’s extradition from Montenegro has faced yet another delay. Montenegro’s appellate court had apparent final decision to extradite Kwon to South Korea, his country of origin.
Spot Ethereum ETFs See Outflows of $23 Million
Ethereum ETFs saw net outflows of $23.68 million, led by Grayscale’s ETHE with $31.86 million in outflows.
Immutable Plans to Close its NFT marketplace
Immutable has announced that it will be retiring its NFT marketplace and focusing on expanding its ecosystem through strategic partnerships.
Hong Kong Digital Bank Starts Offering Bitcoin and Ether ETFs
Mox, a digital bank owned by Standard Chartered, has recently launched an investment platform in Hong Kong and is now offering its clients the ability to trade in Bitcoin and Ether exchange-traded funds (ETFs).
Bitcoin Volatility Reaches Highest Level in 20 Months
As Bitcoin dropped below $50,000, a significant indicator of its volatility reached its highest point in 20 months.
US Spot Ethereum ETFs Receive $98M
Ethereum ETFs experienced a total daily inflow of $98.3 million.
US Spot Bitcoin ETFs Lose $168M in a Day
On Monday, there were $168.4 million in net outflows reported for spot Bitcoin ETFs in the US, as the crypto market experienced significant volatility.
